5paisa vs M1 Finance

5paisa vs M1 Finance Comparison Table 2021
5paisa M1 Finance
5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products. M1 Finance offers customizable and automated trading services for US investors.
United States Flag Traders from US accepted
United States Flag Traders from US accepted
Bonus
None $4,000 switching bonus
Instruments
Stocks, Futures, Options, Forex Stocks, ETFs, funds
Demo Account
No Yes
Minimum Deposit
INR 450 $100
Payment Methods
Wire Transfer Wire Transfer
Minimum Trade
No $1
Regulator
SEBI FINRA, SEC
Margin Trading
Yes Yes
Margin Rate
2 - 3.5%
MetaTrader 4
No No
MetaTrader 5
No No
cTrader
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
Mobile Apps
iOS & Android Yes
Auto Trading
No Yes
Trade Signals
Yes No
Social Trading
No No
Copy Trading
No No
Islamic Account
No No
Account Currencies
INR -
Forex
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Forex trading not offered
GBPUSD Spread
N/A
EURUSD Spread
N/A
EURGBP Spread
N/A
Assets
4